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FXNewsBot (By FxNewsBotTeam)
The user has deleted this system.
FXNewsBot Discussion
Member Since Jul 05, 2011
301 posts
Jun 21, 2013 at 15:48
(edited Jun 21, 2013 at 15:55)
Sygmoral posted:
He did answer to me, perhaps you didn't wait long enough yet :)
Supposedly the problem is largely due to build 500 being incompatible with a piece in the EA that is provided by a third party. So he's talking with them now to get that fixed, in order to get his own EA fixed.
He has answered me several times now, but keeps telling me is it not the EA. I am using Always Up, to keep Metatrader running. It runs Metatrader as a windows service so if it crashes, it restarts. He keeps trying to blame the program for the crashing. He can't seem to understand the Always Up program is the solution and not the problem. Either way, while the program still crashes regularly, it is no longer a problem. I have even been getting better results than the master account. I've missed out on a few losses.
Jun 21, 2013 at 17:57
(edited Jun 21, 2013 at 17:58)
Glad it's working for you too now. I'm doing something similar, with ProcessAlive, so that effectively fixes the crashing problem.
My main issue at the moment is the lot size it uses: it's about 10 times smaller than when I was using the copier. Weird. I asked whether it could be a bug, but he suggested to simply raise the risk. That would mean putting it on 1.0 instead of 0.1 though, which feels wrong. I think I'll just leave it running a bit and perhaps just go for a fixed lot size (trying to calculate the risk myself) if it keeps using tiny lot sizes.
My main issue at the moment is the lot size it uses: it's about 10 times smaller than when I was using the copier. Weird. I asked whether it could be a bug, but he suggested to simply raise the risk. That would mean putting it on 1.0 instead of 0.1 though, which feels wrong. I think I'll just leave it running a bit and perhaps just go for a fixed lot size (trying to calculate the risk myself) if it keeps using tiny lot sizes.
Member Since Jul 05, 2011
301 posts
Jun 21, 2013 at 18:10
Sygmoral posted:
Glad it's working for you too now. I'm doing something similar, with ProcessAlive, so that effectively fixes the crashing problem.
My main issue at the moment is the lot size it uses: it's about 10 times smaller than when I was using the copier. Weird. I asked whether it could be a bug, but he suggested to simply raise the risk. That would mean putting it on 1.0 instead of 0.1 though, which feels wrong. I think I'll just leave it running a bit and perhaps just go for a fixed lot size (trying to calculate the risk myself) if it keeps using tiny lot sizes.
I have mine set to 1.0 and haven't experienced any problems. My balance is a little over 38k and I'm running lots of 1.79
Member Since Sep 04, 2009
849 posts
Jun 24, 2013 at 06:35
FXdome posted:
Has anyone uses the trade copier ? If yes, do you get the same trade results as it is shown here ? Thanks
Start READING from page 2 on..
Jul 02, 2013 at 07:45
very strange i have more trades than his original account!!!
Only for the July first i had 4 trades
2 for the pair usd jpy Loosing
1 for the pair eur usd wining
1 for gpb usd wining
Since the lost is bigger than profit my account is negative
Only for the July first i had 4 trades
2 for the pair usd jpy Loosing
1 for the pair eur usd wining
1 for gpb usd wining
Since the lost is bigger than profit my account is negative
Member Since May 04, 2012
1534 posts
Jul 02, 2013 at 09:16
Why anybody in his right mind would sell to the PUBLIC an EA like this, with such a good performance for such a low price. Isn't it suspicious...? Come on...!!!
AT BEST it works for the developer and he scalps the entries of his followers who can enter and exit trades with large slippage. Double profit for him (subscription fees + scalping profits)! The other reasons are too long to mention...
AT BEST it works for the developer and he scalps the entries of his followers who can enter and exit trades with large slippage. Double profit for him (subscription fees + scalping profits)! The other reasons are too long to mention...
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Member Since Jul 05, 2011
301 posts
Jul 02, 2013 at 13:04
FxMasterGuru posted:
Why anybody in his right mind would sell to the PUBLIC an EA like this, with such a good performance for such a low price. Isn't it suspicious...? Come on...!!!
AT BEST it works for the developer and he scalps the entries of his followers who can enter and exit trades with large slippage. Double profit for him (subscription fees + scalping profits)! The other reasons are too long to mention...
I don't know about the scalping, but it has been working well for me. My trades have matched the trades of the newsbot account for the most part. Occasionally, I will miss a trade, but my account has performed better on several occasions then the master. Of course I have fast execution, 1ms. My VPS is connected directly to my FinFX account.
Member Since May 04, 2012
1534 posts
Jul 02, 2013 at 13:13
Aplmustdie posted:FxMasterGuru posted:
Why anybody in his right mind would sell to the PUBLIC an EA like this, with such a good performance for such a low price. Isn't it suspicious...? Come on...!!!
AT BEST it works for the developer and he scalps the entries of his followers who can enter and exit trades with large slippage. Double profit for him (subscription fees + scalping profits)! The other reasons are too long to mention...
I don't know about the scalping, but it has been working well for me. My trades have matched the trades of the newsbot account for the most part. Occasionally, I will miss a trade, but my account has performed better on several occasions then the master. Of course I have fast execution, 1ms. My VPS is connected directly to my FinFX account.
That's nice. Would you mind making your account - at least partially - visible on MyFxBook?
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Member Since Jul 05, 2011
301 posts
Jul 02, 2013 at 13:24
(edited Jul 02, 2013 at 13:25)
FxMasterGuru posted:Aplmustdie posted:FxMasterGuru posted:
Why anybody in his right mind would sell to the PUBLIC an EA like this, with such a good performance for such a low price. Isn't it suspicious...? Come on...!!!
AT BEST it works for the developer and he scalps the entries of his followers who can enter and exit trades with large slippage. Double profit for him (subscription fees + scalping profits)! The other reasons are too long to mention...
I don't know about the scalping, but it has been working well for me. My trades have matched the trades of the newsbot account for the most part. Occasionally, I will miss a trade, but my account has performed better on several occasions then the master. Of course I have fast execution, 1ms. My VPS is connected directly to my FinFX account.
That's nice. Would you mind making your account - at least partially - visible on MyFxBook?
I can show you the last few days as I changed accounts recently. I'm changing again in a few days as I've opened a PAMM account. I was using a trade copier between accounts, but I had too much slippage. So I decided to open a PAMM, that way the EA's won't have winners on the master and losers on the slaves.
https://www.myfxbook.com/members/Aplmustdie/fx-cheetah/620855
I was in heavy for FX Amplified, it went sour today, hence the losses. I also run other EAs on this account.
Member Since May 04, 2012
1534 posts
Jul 02, 2013 at 13:34
Thanks for the link!
I am also an AMP subscriber, so I know first hand... As I see that you have closed the 2nd trade manually. Smart!
Do you use the EA version of NewsBot?
I am also an AMP subscriber, so I know first hand... As I see that you have closed the 2nd trade manually. Smart!
Do you use the EA version of NewsBot?
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Member Since Jul 05, 2011
301 posts
Jul 02, 2013 at 14:16
(edited Jul 02, 2013 at 14:17)
FxMasterGuru posted:
Thanks for the link!
I am also an AMP subscriber, so I know first hand... As I see that you have closed the 2nd trade manually. Smart!
Do you use the EA version of NewsBot?
I don't know if it is smart as it looks like it will reverse . . . I just haven't liked the last 4 trades. It feels like a different trader. I'm reducing risk moving forward until I can see if there has been a change in trading style. The last trades show signs of a trader caught up in the moment. Do you know anything about the person(s) behind the curtain?
I have tried both, the EA and Direct. I seem to get better results with the EA. At least I beat out Nick's account on a regular basis. Judging by the pip counts on Donna Forex, I'm on the high end, although not the best.
Member Since Jul 05, 2011
301 posts
Jul 02, 2013 at 16:52
FxMasterGuru posted:
Thanks for the link!
I am also an AMP subscriber, so I know first hand... As I see that you have closed the 2nd trade manually. Smart!
Do you use the EA version of NewsBot?
It looks like the large loss was due to a problem with the broker. They reopened a closed trade and left it hanging. It wasn't until they noticed it at Simple Trader that it was closed. The master is trading on a Demo account for fast execution. This makes me a little uneasy as Demo accounts seem to have more problems than live accounts. At least it explains the issue. As it turns out it was a bad idea to close the trade . . . sigh. I now have their link next to Nick's account link so I can compare trades. I had a number of opportunities to close the trade with a few pips win if I had known it was bad. I won't make that mistake again.
Member Since May 04, 2012
1534 posts
Jul 02, 2013 at 20:35
(edited Jul 02, 2013 at 20:35)
I stand on the sidelines for now in regard to FxAmp. It seems that the trader has become destabilized emotionally. The same thinkg is happening with Milan at "MyLiveAccount"...
By the way, do you use NewsBot's EA version?
By the way, do you use NewsBot's EA version?
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Member Since Jul 05, 2011
301 posts
Jul 02, 2013 at 20:44
I turned FX Amplified off today as well. With all the bad press, the trader could get flustered. I'm out of the latest trade in draw down. Plus, I'm moving accounts over the next few days and turned all the EAs off. I don't want any trades preventing me from moving the money.
Yes, I am using the EA. When you ask for the EA, they actually send you two different ones. I am using the spike trader version on five currency pairs. How about you?
Yes, I am using the EA. When you ask for the EA, they actually send you two different ones. I am using the spike trader version on five currency pairs. How about you?
Member Since May 04, 2012
1534 posts
Jul 02, 2013 at 21:51
Aplmustdie posted:
I turned FX Amplified off today as well. With all the bad press, the trader could get flustered. I'm out of the latest trade in draw down. Plus, I'm moving accounts over the next few days and turned all the EAs off. I don't want any trades preventing me from moving the money.
Yes, I am using the EA. When you ask for the EA, they actually send you two different ones. I am using the spike trader version on five currency pairs. How about you?
Thanks for the feedback! I was just waiting to hear some first hand report about this EA.
What other EA's or signal providers do you use with good results?
Until recently I was very happy with MyLiveAccount, however the past few weeks have been pretty bad for Milan. Nevertheless, overall the strategy's results are still pretty good.
Other than that I have had a few good trades with HE-Spider over the past few months although it does not trade too much. Also Pipaddiction has strarted out pretty well, but the trader has stopped sending free signals and he has not created a commercial gateway yet.
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Member Since Jul 05, 2011
301 posts
Jul 03, 2013 at 00:17
FxMasterGuru posted:Aplmustdie posted:
I turned FX Amplified off today as well. With all the bad press, the trader could get flustered. I'm out of the latest trade in draw down. Plus, I'm moving accounts over the next few days and turned all the EAs off. I don't want any trades preventing me from moving the money.
Yes, I am using the EA. When you ask for the EA, they actually send you two different ones. I am using the spike trader version on five currency pairs. How about you?
Thanks for the feedback! I was just waiting to hear some first hand report about this EA.
What other EA's or signal providers do you use with good results?
Until recently I was very happy with MyLiveAccount, however the past few weeks have been pretty bad for Milan. Nevertheless, overall the strategy's results are still pretty good.
Other than that I have had a few good trades with HE-Spider over the past few months although it does not trade too much. Also Pipaddiction has strarted out pretty well, but the trader has stopped sending free signals and he has not created a commercial gateway yet.
I'm using the same three actively. I'm still testing spider, so the risk is turned down. I have a lot of others in the arsenal, but none that I will be turning on again for a while as they are not dependable. I refuse to use martingale strategies and that is all that seems to be pushed out lately. Every time you find something that looks good, it comes out to be either martingale, demo account, or something with very large drawdowns.
